Searches And Hires
The hires follow an RFI issued last month for managers to handle more than $1 billion.
The plan is looking to eliminate the $1 billion portfolio in favor of illiquid credit.
The plan’s previous third-party administrator search resulted in a manager change.
The pension plan also removed its domestic core fixed-income mandate from watch last month.
The city received two proposals in response to an RFP issued in July.
The plan will consider approving an RFP at next week’s investment committee meeting.
The plan received a search report that included information on four investment grade corporate bond managers today.
The plan issued an RFP earlier this year for diversification purposes.
The deferred compensation plan received four proposals in response to an investment consultant RFP issued last month.
The university is seeking an investment consultant for its three defined benefit plans, two defined contribution plans and trust and endowment investment pools due to the contract expiration of its incumbent provider.
